Stoxx 600, DAX, CAC, FTSE

London – European shares opened higher on Monday, with the reserves of the mining recovered as traders carefully monitored a new trade dispute between the US and China.

Pan -European Stoxx 600 It was 0.6% at 8:30 am in London (3:30 pm ET), led by the index of the main materials of the STOXX 600, which increased by 1.6% after falling by 2.5% Friday.

UK FTSE The index opened by 0.1%as to Germany Dake Up to 0.5%, France CAC 40 Up to 0.6% and of Italy FTSE MIB Up to 0.5%.

Printings have reached early profits, with Fresnillo Approaching 5.7%, Aurubis increased by 3.9% and Anglo American added 2.5%after US President Donald Trump threatened China with The fresh wave of tariffs increases “To” counteract financially “new exports control this China imposed on RacketS

China controls 70% of the global supply of minerals for rare landwhich are crucial to high -tech industries, including cars, defense and semiconductors.

Trump seemed to have suggested in a True Social Publication On Sunday, he may not follow his threat by posting that commercial relations with China “will all be fine.”

Meanwhile, Lloyds Bank It appeared 1.1%after the UK bank said on Monday that it was allocating an additional £ 800 million ($ 1.07 billion) for compensation arising from the Missell Automobile Finance scandal. The bank – whose subsidiary Black Horse is the largest car financing in the UK – has already allocated £ 1.2 billion for compensation payments.

European cars won 0.9%, with Renault adding 1.3%, Stellantis increases 2.5%and Mercedes-Benz Up to 0.3%. Companies are among five major car manufacturers worldwide, confronted with the London Supreme Court for claiming to be trying to cheat on diesel restrictions during tests using so -called “defeat devices.”

Elsewhere, AstrazenecaThe shares increased by 0.9% in early trade after British drug maker has achieved a price deal with the US government at the end of Friday, which will see that it is reducing prices in exchange for tariff avoidance.

In France, Prime Minister Sebastien Durnu who was reassigned on Friday After resigning on October 6, he revealed his new government, with Roland Lescare announced a finance minister. The government will try to submit new plans for a budget later on Monday before President Emanuel Macron’s deadline.

On Sunday, China said “we are not afraid of“ trade war with the US and a spokesman of Trade Ministry accuse him of “double standard” with Trump’s promise Friday to deal with an additional 100% tariffs for Chinese imports.

Asia-Pacific Markets It fell overnight as investors have followed any fall out of updated trade tensions in China and the United States. Meanwhile, US Futures Rose on Sunday night, bounced from the sale on Friday after Trump’s attempt to reassure the markets that there would be no new trade war.

There is no major income or data on data on Monday, but we will have the latest financial statements from the likes of ASML., Lvmh and Nestle This week, the third quarter profit season begins.

Investors will also monitor news from the IMF annual meeting and the World Bank in Washington this week.

– Dan Manang and Victor Loch have contributed to this market report.